If I get “let go” am I entitled to a severance package?
- Posted on: May 29 2019
Absent of an employment agreement obligating the employer to pay you severance, there’s no legal requirement for an employer to give you severance. An employer will give you severance really for one of three reasons. It’s required under the contract, good will of trying to help you bridge that gap between your old job and your new job and to buy the release. And a severance agreement, you’ll be releasing that employer any and all claims, from the beginning of the world to the date that you sign it, and the more liability exposure the employer sees more valuable the releases and the more they’re willing to pay.
Posted in: Wage & Hour